Trade Faster on the New OptionsHouse Platform

designLarge.jpg After the close on Tuesday, we launched a new version of our trading platform. This is the first major update we've done to our trading tool since OptionsHouse debuted in 2007, and it has taken nearly a year of hard work to bring this to our customers.

The new platform takes all the functionality you already know (professional-grade trading tools, a customizable option chain, and one-click trading) and creates an even more controlled, more seamless trading experience.

Here are some highlights of the new patent-pending platform:

Customizable Platform Gives You More Control

Add or remove Widgets, view multiple chains, and change appearance of your option chain – the new platform puts you in complete control of your platform's appearance.  See the features that are important to you (and hide the ones that aren't).

Fast Platform Helps You Trade More Efficiently

The new platform was designed to be fast. Data and quotes are streaming and a new integrated trading ticket can be launched from almost any window in the platform. Simply click on any “blue link” from the Watchlist, the chain, your account screen (or anywhere else) to quickly populate a trading ticket.

Added Tools Can Make You More Powerful

Joining our existing suite of trading tools is the Trade GeneratorTM, which takes proprietary algorithms developed by PEAK6 Investments, L.P.1 to identify potential strategies and trade opportunities based on specific trade parameters you input. Want to see potential option trades for a particular stock? Want to investigate all covered call opportunities from the options universe? The Trade GeneratorTM can do both.2

Advanced Order Types Mean More Choices

A new trading ticket enables advanced order types, including OCO (Order Cancels Order), OTO (Order Triggers Order), OTOCO (Order Triggers OCO), and OTT (Order Triggers Two Orders). The order summary area allows you to quickly review and confirm any outstanding order instructions.

Check out a quick tour of the new trading experience:

And let me, along with our Chief Investment Strategist Steve Claussen, take you on a tour of the platform's highlights.

While we've put a lot of effort into the trading platform you see before you, we by no means plan to rest on our laurels. We launched this preview because we wanted to get it into our customers' hands, get feedback, and continue to improve our offering. Once you log in, please send us feedback. What do you like? What's confusing? This is your chance to test-drive the platform and provide us with your constructive criticism.

Thanks for being an OptionsHouse customer – we hope you find the new platform to be a great improvement.

1PEAK6 Investments, L.P. is the parent company of OptionsHouse, LLC.

2The above information is provided by OptionsHouse, LLC (“OptionsHouse”) for informational and educational purposes only and is not intended as trading or investment advice or a recommendation that any particular security, transaction, or investment strategy is suitable for any specific person. You are solely responsible for your investment decisions. Projections or other information regarding the likelihood of various investment outcomes are hypothetical in nature and are not guarantees of future results. Any examples used that discuss trading profits or losses may not take into account trading commissions or fees.

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Related posts:

  1. New Features in the OptionsHouse Platform
  2. OptionsHouse Platform Q and A
  3. Customizing the OptionsHouse Platform

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